The United Nations recommends that China institute new food safety laws in order to restore confidence in its food supply. Specifically, the UN calls for revising the country’s basic hygiene law to include the entire food chain. The UN paper also advocates the establishment of one government agency to replace the six agencies that current […]
October marked the worst month for the US stock market in 21 years as the Dow Jones Industrial Average, S&P 500 and NASDAQ fell 14.1%, 16.9% and 17.4%, respectively. On October 8, the Federal Reserve cut interest rates by 50 basis points to 1.5%. However, the Dow, S&P 500 and NASDAQ fell 20.9%, 22.8% and […]
Company Announcements Accelerated Technology Laboratories partnered with Linko Data Systems, a provider of compliance-tracking software, to integrate their respective Sample Master Pro LIMS and pretreatment software for wastewater clients. Waters and LabKey Software, a provider of open source software, joined the BioIT Alliance in September. In September, Thermo Fisher Scientific began shipping its Proteome Discoverer […]
The European Commission’s annual EU Industrial R&D Investment Scoreboard shows that total R&D spending by 2,000 companies increased by 9% to €379.3 billion ($553.8 billion) in 2007. Half of the companies in the Scoreboard are EU companies, and the other half are non-EU companies. This method allows the Scoreboard to show yearly R&D spending by […]
On October 14, the EU formerly launched the Fuel Cells and Hydrogen Joint Technology Initiative (JTI). The JTI consists of more than 60 companies, more than 60 universities and research institutes, and the European Commission. With funding of close to €1 billion ($1.4 billion) over six years, the JTI plans to accelerate the development, commercialization […]
A cursory analysis of calendar-year third- quarter results of eight major publicly held instrument and laboratory product companies (Applied Biosystems, Bruker, Dionex, Illumina, Invitrogen, Thermo Fisher Scientific, Waters and Varian) show that the global economic crisis did not significantly affect third-quarter sales of analytical instruments and related products. In their quarterly conference calls, most companies […]
Capital spending by the semiconductor industry will not recover until 2010, according to the latest forecast from Gartner. This year, capital expenditures are expected to decline 25.7% to $47.1 billion, the biggest drop since 2002. Gartner attributes the decline to economic conditions and overcapacity in the memory business. The capital intensity of the semiconductor industry […]
The HPLC aftermarket accounts for more than 40% of the total HPLC market worldwide and is an important component of the market’s total growth. The majority of the HPLC aftermarket consists of HPLC columns. Although Waters and Agilent may dominate the HPLC system market, it is another company that leads the HPLC column market. Founded […]
Carlsbad, CA 10/28/08; Norwalk, CT 10/28/08—On October 28, Invitrogen and Applied Biosystems’ shareholders voted in separate meetings to approve the companies’ merger agreement (see IBO 6/15/08). More than 98% of the each company’s shares voted were cast in favor of the transaction, according to the companies. The transaction is expected to close once the companies […]
Company Announcements Invitrogen and the International Regulome Consortium will codevelop tools for stem cell research. Promega will develop fluorescent ligands for its HaloTag fusion proteins to be used with Leica’s TCS stimulated emission depletion super-resolution microscope. Under an exclusive license with the University of Georgia Research Foundation, ArunA Biomedical will commercialize human mesenchymal cells derived […]
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IBO (Instrument Business Outlook) is a twice-monthly newsletter aimed at providing decision-makers with the latest and most complete information available on the life science and analytical instrument industry, and lab product markets. IBO delivers the latest curated industry news, information and trends, as well as SDi data and analysis to deliver the maximum in industry insight with a minimum time investment for executives and investors.
